27
27
Aug 4, 2020
08/20
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and when the questioner said to him, well, what about our deficit, he was very frank about it. yes, for the time being it will add to the debt of the united states, but if the economy recovers, which we all have to work to achieve, that recovered economy will be able to take care of that debt. that's something to keep in mind, too. it isn't just for the benefit of the families that are employed. it's for the benefit of the overall economy, to put money back into it now. we learned in basic economics that if you want to get out of a recession, the first dollar the government gives away should be to the unemployed. they'll spend every penny of it and they'll spend it and then have it respent into the economy over and over again. that's how you create consumer demand. that's how you create demands for business activities, goods and services. so, madam president, i want to make it clear from what i learned last friday in chicago, no one, no one is getting rich off of unemployment. they're using their unemployment benefits to survive. average rent is about $1,400 a month in this cou
and when the questioner said to him, well, what about our deficit, he was very frank about it. yes, for the time being it will add to the debt of the united states, but if the economy recovers, which we all have to work to achieve, that recovered economy will be able to take care of that debt. that's something to keep in mind, too. it isn't just for the benefit of the families that are employed. it's for the benefit of the overall economy, to put money back into it now. we learned in basic...
7
7.0
Sep 23, 2020
09/20
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eye 7
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he said until we fix that problem, the deficit, we can't fix america. he set americans are tired of the spending debt and government takeovers and complaints at d our debt makes us look ake lot like greece. he claims to be eight fiscal hawk, he has done it his entire career. the truth is there is not an american living or dead who is put more debt on the balance sheet of this country than mitch mcconnell. $17trillion and that is just over the last 20 years. and for what? to invest in education? to build our roads and bridges? do something about mental health in the country or water infrastructure. for what? to cut taxes to the richest people in thew country. borrow all from china, which is the opposite of what he said he was doing. the opposite ofr what he promised. he said the tax cuts would pay forhe themselves, they never have. he said they would benefit the middle class, two thirds went to the top 20% at a time when we've got the worst income any quality then we have had since 19208. when we have had an economy that for 50 years, 90% of the american
he said until we fix that problem, the deficit, we can't fix america. he set americans are tired of the spending debt and government takeovers and complaints at d our debt makes us look ake lot like greece. he claims to be eight fiscal hawk, he has done it his entire career. the truth is there is not an american living or dead who is put more debt on the balance sheet of this country than mitch mcconnell. $17trillion and that is just over the last 20 years. and for what? to invest in education?...
43
43
Jul 21, 2020
07/20
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the size of the deficit we ran at the same time last year. the congressional budget office says that we are on track to spend $3.7 trillion more than we take in this year, and that's assuming we don't pass a new covid legislation. by the end of the fiscal year, our publicly held debt will exceed the size of our economy, and by the end of next year, debt as a percentage of the economy will be higher than it has ever been in our history. i have a little chart here that demonstrates that. we have been fortunate that interest rates on our debt are currently low, and the government has been able to borrow the funds necessary to address the crisis caused by the pandemic. the dollar has remained relatively strong, helping to keep inflation low. the u.s. dollar remains the world's reserve currency and the safe haven for investments in the current time of crisis. but how long will that be the case if we continue to run trillion-dollar deficits each year? future congresses will not have the same flexibility to deal with their own crises if we leave the
the size of the deficit we ran at the same time last year. the congressional budget office says that we are on track to spend $3.7 trillion more than we take in this year, and that's assuming we don't pass a new covid legislation. by the end of the fiscal year, our publicly held debt will exceed the size of our economy, and by the end of next year, debt as a percentage of the economy will be higher than it has ever been in our history. i have a little chart here that demonstrates that. we have...
8
8.0
Oct 24, 2020
10/20
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eye 8
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, people who can't feed their kids -- no, it's the deficit. when it comes to giving a big tax break to wealthy corporations and wealthy people, that's fine. so i don't really take my -- the words of my colleague from wisconsin, much as i respect him, very seriously. our republican friends put this emaciated bill on the floor at the last minute because they got such pressure for doing nothing. they know it can't pass the house. they know it is totally inadequate. the greatest economic crisis from -- since the great depression, the greatest health care crisis for 100 years, since the spanish pandemic flu, and our colleagues do next to nothing in terms of the crisis, load it with poison pills so they know it can't pass, know it can't pass the house, waited five months, and the american people know it. when they're asked who wants to solve this problem, they know that it's the democrats in the senate and the house that want to and the republicans that have resisted. so there's no question about t the bills i put -- i just asked for are small bills
, people who can't feed their kids -- no, it's the deficit. when it comes to giving a big tax break to wealthy corporations and wealthy people, that's fine. so i don't really take my -- the words of my colleague from wisconsin, much as i respect him, very seriously. our republican friends put this emaciated bill on the floor at the last minute because they got such pressure for doing nothing. they know it can't pass the house. they know it is totally inadequate. the greatest economic crisis...
40
40
Aug 4, 2020
08/20
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in the testimony the trade deficit with china eliminated millions of american jobs, then factoring and agricultural sectors but they haven't migrated to otherur industries. what kind of programs do you think we should be investing in to prepare students to enter the workforce? >> thank you for that excellent question, and you are spot on in terms of the question with the need to invest in our children, our young adults and workers in terms of not just stem but of course lifelong learning. we need to make sure that our workers have the skills to compete in the world economy. it also requires that we fight more for some of those high-tech jobs, the new jobs of the future whether they are in biotechnology or quantum computing or anything else, so haat the investments that the workers make in their own success and families make ten achieved a good return that they knowtu they have a bright future ahead of them both without skills, they don't have the critical template we need to succeed in every industry now has advanced whether its agriculture, which as you know it was on iowa for a porti
in the testimony the trade deficit with china eliminated millions of american jobs, then factoring and agricultural sectors but they haven't migrated to otherur industries. what kind of programs do you think we should be investing in to prepare students to enter the workforce? >> thank you for that excellent question, and you are spot on in terms of the question with the need to invest in our children, our young adults and workers in terms of not just stem but of course lifelong learning....
7
7.0
Oct 16, 2020
10/20
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eye 7
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which as you identified creates tons of jobs and it offsets the trade deficit that we have around the world and its significant way. we saw when we had its challenges with max eight it impacted the gdp by about half a percent. that's a huge impact because of aeronautics. so i think the lesson taken from that is that if we were to make the right investments earlier, senator cantwell asked me about trust bracelet, that's one investment that would be tremendously valuable . but i would also say and this might be of interest to connecticut, we need small core engines using advanced materials, higher pressure temperature capabilities area because what we need out of our engines are higher bypass ratios for more fuel efficiency, your carbon emissions. those are investments that we are investing it in this budget. i can also say as we go forward, we think about years in the future, it would be that there are very few investments i can think of that would have a bigger impact american economy and sustaining our leadershipin aeronautics . >> so why not invest more, only three percent of your b
which as you identified creates tons of jobs and it offsets the trade deficit that we have around the world and its significant way. we saw when we had its challenges with max eight it impacted the gdp by about half a percent. that's a huge impact because of aeronautics. so i think the lesson taken from that is that if we were to make the right investments earlier, senator cantwell asked me about trust bracelet, that's one investment that would be tremendously valuable . but i would also say...
24
24
Jul 31, 2020
07/20
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eye 24
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you point out that the trade deficit with china is eliminated million americans jobs. in the manufacturing and agricultural sectors. these jobs have not migrated to other industries. what kind of programs you think we should be investing in. and better prepare our students to enter the workforce. >> thank you for the excellent question. and you are spot on in terms of the question of the need to invest in our children are young adults and are workers. and not just them but of course lifelong learning. we need to make sure that her workers have the skills to compete in the world economy. it also requires though that we fight more som for some of those high-tech jobs the new jobs of the future whether they are in biotechnology or quantum computing or anything else. so the investments that workers make in their own success, the families have with their students. so that they can achieve a good return they know that they have. they know they have a bright future ahead of them . but without the skills, we don't have the critical input we need to succeed. in every industry n
you point out that the trade deficit with china is eliminated million americans jobs. in the manufacturing and agricultural sectors. these jobs have not migrated to other industries. what kind of programs you think we should be investing in. and better prepare our students to enter the workforce. >> thank you for the excellent question. and you are spot on in terms of the question of the need to invest in our children are young adults and are workers. and not just them but of course...
17
17
Oct 24, 2020
10/20
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eye 17
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, people who can't feed their kids -- no, it's the deficit. when it comes to giving a big tax break to wealthy corporations and wealthy people, that's fine. so i don't really take my -- the words of my colleague from wisconsin, much as i respect him, very seriously. our republican friends put this emaciated bill on the floor at the last minute because they got such pressure for doing nothing. they know it can't pass the house. they know it is totally inadequate. the greatest economic crisis from -- since the great depression, the greatest health care crisis for 100 years, since the spanish pandemic flu, and our colleagues do next to nothing in terms of the crisis, load it with poison pills so they know it can't pass, know it can't pass the house, waited five months, and the american people know it. when they're asked who wants to solve this problem, they know that it's the democrats in the senate and the house that want to and the republicans that have resisted. so there's no question about t the bills i put -- i just asked for are small bills
, people who can't feed their kids -- no, it's the deficit. when it comes to giving a big tax break to wealthy corporations and wealthy people, that's fine. so i don't really take my -- the words of my colleague from wisconsin, much as i respect him, very seriously. our republican friends put this emaciated bill on the floor at the last minute because they got such pressure for doing nothing. they know it can't pass the house. they know it is totally inadequate. the greatest economic crisis...
32
32
Feb 12, 2020
02/20
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eye 32
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and, unfortunately, it's being mixed into other deficit reduction -- mixed into other drugs. according to the c.d.c., 40% of drug overdoses in 2017 were partly because of fentanyl use, 40%, by far the largest problem. that data also showed that overdose deaths due to fentanyl had increased by 88% per year since 2013. so it's been going up really since 2013-2014 time period. we're seeing the mixing occur in a the although of ohio communities where declining opioid and heroin use has opened the door for this other of a did. psyche crow stimulants like -- psychostimulants like crystal meth and cocaine are being laced about fentanyl. this is a deadly combination. according to our state's deputy attorney general for law enforcement, carol o'brien, ohio law enforcement officials in 2018 tested doubled the amount of crystal meth. crystal meth is unfortunately making a resurgence in our communities. by the way, you may remember in your community in the past couple of decades you heard about these meth houses. where people would be cooking meth literally, you know, in a home or in a t
and, unfortunately, it's being mixed into other deficit reduction -- mixed into other drugs. according to the c.d.c., 40% of drug overdoses in 2017 were partly because of fentanyl use, 40%, by far the largest problem. that data also showed that overdose deaths due to fentanyl had increased by 88% per year since 2013. so it's been going up really since 2013-2014 time period. we're seeing the mixing occur in a the although of ohio communities where declining opioid and heroin use has opened the...
8
8.0
Dec 18, 2020
12/20
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CSPAN2
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eye 8
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the senator from wisconsin talks about the deficit. yet the senator from wisconsin voted for over a trillion dollars in tax breaks for billionaires and large profitable corporations. that's okay. the senator from wisconsin voted for a bloated military budget, $740 billion. that's okay. the senator from wisconsin supportses hundreds and -- supports hundreds and hundreds of billion dollars in corporate welfare. the senator from wisconsin threw out some numbers. let me throw out some other numbers. half of the people in this country are living paycheck to paycheck. millions of workers are trying to survive on starvation wages of $10 or $12 an hour. 90 million people are uninsured or underinsured, captain afford to -- can't afford to go to a doctor. 19 million families spending half of their limited incomes on housing. madam president, today we have the most severe hunger crisis in america that we have had in decades. children in this country are going hungry while a half million people are homeless and many millions more fear eviction. to
the senator from wisconsin talks about the deficit. yet the senator from wisconsin voted for over a trillion dollars in tax breaks for billionaires and large profitable corporations. that's okay. the senator from wisconsin voted for a bloated military budget, $740 billion. that's okay. the senator from wisconsin supportses hundreds and -- supports hundreds and hundreds of billion dollars in corporate welfare. the senator from wisconsin threw out some numbers. let me throw out some other...